Explore how the crowding-out and multiplier effects impact government stimulus spending. Learn which theory better stimulates ...

When I was a kid in church youth group, we sang a song about a magic penny and it goes like this: “Love is like a magic penny. Hold it tight and you won’t have any. Give it away and you’ll have many…” ...

Which takes a bigger bite out of the economy, government spending cuts or tax hikes? The chart shows the relative size of the bite that each takes out of GDP as a percentage of each dollar in cut ...